Sirios Resources Inc.: Announcement of a $2,100,000 financing
November 26 2020 - 9:16AM
SIRIOS RESOURCES INC. (TSX-V:
SOI) announces its intent to undertake a non-brokered
private placement with accredited investors. The placement consists
of a maximum of 14,000,000 units for an amount of $2,100,000. This
private placement has been conditionally approved by the TSX
Venture Exchange. Each unit price is $0.15 and consists of one
common share and one-half warrant. Each warrant will entitle its
holder thereof to subscribe for one common share at $0.23 per share
for a period of 18 months after the closing date of the private
placement.
The proceeds of this placement will be mainly
used by Sirios to advance its Cheechoo gold project, as well as for
general purposes.
Sirios can pay up to 6 % of the total amount as
finder’s fee. Directors, officers and employees may participate in
this placement.
There will be a hold period of four months and
one day on all securities issued under this financing. This private
placement is subject to regulatory approval and filings.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Contact:Dominique Doucet,
President, Eng.Tel: (514)
918-2867ddoucet@sirios.com
website:
www.sirios.com
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